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Dell Stock Hits Record High Near $467, Up 260% Year-to-Date on AI Demand

Stocks AI Industry News

2026-08-05 12:22:04

DELL1.72%

According to BeInCrypto, Dell Technologies shares hit an all-time high on Tuesday (August 5), closing near $467 after climbing 9% in a single session, with year-to-date gains exceeding 260% driven by artificial intelligence demand. The surge reflects strong fundamentals: Dell reported $16.1 billion in AI server revenue in fiscal Q1, a 757% year-over-year increase, and raised full-year AI server guidance to $60 billion. On the same day the stock reached its record high, Dell announced that startup Volta selected the company to power its first AI factory, a 133-megawatt deployment in Norway using Dell PowerRack systems with NVIDIA accelerators.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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